Simple Rollover Most Popular Option To Extend OPEC-Non-OPEC Deal - Saudi Energy Minister

Simple Rollover Most Popular Option to Extend OPEC-Non-OPEC Deal - Saudi Energy Minister

JEDDAH (UrduPoint News / Sputnik - 20th May, 2019) Most participants of the OPEC-non-OPEC oil output deal believe that simple rollover agreement is the best way to extend the deal beyond June, Saudi Energy Minister Khalid Falih said on Sunday.

"The one that seem to resonate with most ministers is simply to rollover the agreement from the first half," Falih said during a press conference after the OPEC-non-OPEC Joint Ministerial Monitoring Committee's meeting in Jeddah, when asked which options of extension of production cuts beyond June were mainly considered.